Pakistan sees record investment on Saudi Crown Prince visit

Pakistan sees record investment on Saudi Crown Prince visit

Islamabad – Anticipation is running high in Pakistan as the country eagerly awaits the visit of Saudi Crown Prince, Mohammed bin Salman, scheduled for February 16, 2019.

Ghulam Sarwar Khan, Federal Minister for Petroleum, declared on Wednesday that this visit is poised to bring a record level of investment to Pakistan, with expectations of significant economic benefits.

Minister Sarwar Khan expressed confidence that the visit would not only bring substantial investment but also symbolize the arrival of a new era, akin to the arrival of spring. He emphasized the deep-rooted religious and historical ties between Pakistan and Saudi Arabia, highlighting the admiration and respect the people of Pakistan hold for the Saudi royal family.

“The public respects that the Saudi Government is accompanying Pakistan on the road of development and welfare,” stated Minister Sarwar Khan. He added that the imminent visit of Mohammed bin Salman is highly anticipated, and the people of Pakistan are looking forward to the positive outcomes it will bring.

The Federal Minister emphasized that the visit holds the promise of record-breaking investment for Pakistan, which would significantly contribute to the country’s economic development. He credited the longstanding brotherly relations between Pakistan and Saudi Arabia, stating that these ties are strengthening with each passing day.

“This government welcomes Saudi investment,” said Minister Sarwar Khan, acknowledging the importance of foreign investment in strengthening Pakistan’s economy. The efforts of the government in attracting foreign investments were praised, and the Minister highlighted that the public stands to benefit from these investments.

One of the key outcomes expected from this visit is a billion-dollar refinery project in Gwadar, marking a significant step towards the economic development of the region. Gwadar, a strategic port city in Pakistan, has been a focal point for economic and infrastructure development, and the proposed refinery project aligns with broader efforts to enhance the country’s energy and economic capabilities.

The Minister also noted that the investment from Saudi Arabia is a testament to the efforts of the government in attracting foreign funds to bolster Pakistan’s economy. The positive reception of the investment from various circles within the country, including public circles, reflects the enthusiasm and optimism surrounding this economic venture.

The visit of the Saudi Crown Prince is expected to further strengthen the bilateral relations between the two countries and pave the way for enhanced collaboration in various sectors. The investment inflow is not only anticipated to boost economic growth but also create opportunities for the public, aligning with the government’s commitment to improving the livelihoods of its citizens.

As preparations are underway for the historic visit, the people of Pakistan and the government are united in their hope and expectation that the Saudi Crown Prince’s visit will mark the beginning of a new chapter in the strategic partnership between Pakistan and Saudi Arabia, bringing prosperity and growth to both nations.